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Wynn Macau Could Post 2023 EBITDAR of $917M, According to Research Firm
Wynn Resorts’ (NASDAQ: WYNN) Wynn Macau arm could notch 2023 earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) of $917 million, well ahead of previous forecasts. That’s the...
US Sportsbooks Battle for Market Supremacy Ahead of NFL Kickoff
The 2023 NFL regular season kicks off on Thursday, September 7, with the Detroit Lions visiting the defending champion Kansas City Chiefs. The highly anticipated start of the NFL season, the sport...
ESPN Deal Credit Positive for Penn Entertainment, Says Moody’s
Last week, Penn Entertainment (NASDAQ: PENN) announced it will pay $1.5 billion over 10 years to use ESPN’s "ESPN Bet" brand on its online and retail sportsbooks. That's while granting rights to...
Las Vegas Guests Find Bed Bugs at Seven Hotels – Report
Bed bugs were spotted at seven well-known Las Vegas hotels over the last two years, according to a recent media report. The properties include Circus Circus Hotel, Caesars Palace Las Vegas, Planet...
Jackpot: Aria Slot Player Wins $10.1M on Strip
A mystery guest at the Aria Resort & Casino recently hit a $10.1M jackpot on a slot machine at the Las Vegas Strip gaming property. The player from California stopped at the...
WynnBet Latest Sports Wagering Quasi-Casualty, Will Depart Eight States
It’s not a death in the traditional sense, but Wynn Resorts (NASDAQ: WYNN) is dramatically reducing the scope of its WynnBet sports wagering unit, announcing the business will halt operations as soon...
Sports Gambling Hall of Fame to Induct Mob Associate Lefty Rosenthal
One of the first honorees celebrated by the new Sports Gambling Hall of Fame wouldn't be able to attend the ceremony even if he were still alive. The organization's first induction ceremony...
Entain Allocates $744M for Potential Bribery Settlement in UK as Revenue Increases
Entain, the global gaming giant and BetMGM partner, announced Thursday that it's prepared to take a hit on charges of bribery related to its former dealings in Turkey. In anticipation of a...
Casinos in Puerto Rico Will Suffer When ‘Curfew’ Arrives in Capital
There's a consensus among merchants and casinos in Puerto Rico that the U.S. territory has to reduce crime. But they have conflicting opinions about whether San Juan’s new Public Order Code (POC)...
Seven Mobile Sportsbooks Apply for Kentucky Licenses?
Kentucky regulators are considering applications from seven online sportsbook operators, as well as applications for in-person wagering from the state’s seven horse racetracks. The Kentucky Horse Racing Commission will decide on the...